Abolish 1 DENA Registration Fee Policy

As DeNations reviewed the opinions from the user community, our team truly understand that 1 DENA per one NFT registration fee policy incurs various inconveniences and inequality for nations with relatively lower DGDP. Therefore,

  • We will abolish 1 DENA registration fee, replacing it with a 3.5% sale royalty which is effective from the 1st of October 11:00 AM UTC.
  • For a temporary solution, the registration fee will be effectively ZERO (0.0001 SMTS) until the engineering development.
    * 1,000 SMTS is given beforehand when the user finishes signup & Chainbridge wallet connection. Therefore, you don't need to buy additional SMTS.
  • After the development, users can register & accumulate tax without any registration fee and Chainbridge wallet connection.
  • We will refund all the registration fees to the users who already paid.